Fyle Overview
- Year Founded
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2016
- Status
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Private
- Employees
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159
- Latest Deal Type
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Series A
- Latest Deal Amount
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$8.57M
- Investors
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15
Fyle General Information
Description
Developer of an expense management platform designed to solve the problem of business expense reporting and management. The company's platform uses machine learning-powered data extraction technology which can automatically identify and reproduce data from any kind of receipt with a single click, enabling businesses to automatically check every transaction with company policy across the entire database to ensure there is no fraud or duplicates.
Contact Information
Website
www.fylehq.comCorporate Office
- 550, 1th Cross, 2nd Main MICO Layout
- BTM 2nd Stage
- Bangalore, Karnataka 560076
- India
Corporate Office
- 550, 1th Cross, 2nd Main MICO Layout
- BTM 2nd Stage
- Bangalore, Karnataka 560076
- India
Fyle Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
5. Early Stage VC (Series A) | 03-Oct-2019 | $8.57M | Completed | Generating Revenue | ||
4. Early Stage VC | 20-Apr-2018 | Completed | Generating Revenue | |||
3. Accelerator/Incubator | 01-Jan-2018 | Completed | Generating Revenue | |||
2. Early Stage VC | 14-Feb-2017 | $400K | $793K | Completed | Generating Revenue | |
1. Early Stage VC | 22-Jul-2016 | $393K | $393K | Completed | Startup |
Fyle Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
Preference | ||||||||
Preference | ||||||||
Preference | 323 | $623.16 | $623.16 | 1x | $623.16 | 1.32% | ||
Preference | 3,768 | $347.06 | $347.06 | 1x | $347.06 | 15.42% |
Fyle Comparisons
Industry
Financing
Details
Fyle Competitors (44)
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
Emburse Chrome River | Private Equity-Backed | Los Angeles, CA | ||||
Happay | Formerly VC-backed | Bangalore, India | ||||
Emburse | Private Equity-Backed | Los Angeles, CA | ||||
Callidus Software | Formerly VC-backed | Dublin, CA | ||||
Ivalua | Private Equity-Backed | Redwood City, CA |
Fyle Executive Team (4)
Name | Title | Board Seat |
---|---|---|
Yashwanth Madhusudan | Co-Founder, Chief Executive Officer & Board Member | |
Sivaramakrishnan Narayanan Ph.D | Co-Founder, Chief Technology Officer & Board Member | |
Saurav Tulsyan | Finance Controller & Senior Finance Manager |
Fyle Board Members (3)
Name | Representing | Role | Since |
---|---|---|---|
Rohit Jain | Pravega Ventures | Board Member | |
Sivaramakrishnan Narayanan Ph.D | Fyle | Co-Founder, Chief Technology Officer & Board Member | |
Yashwanth Madhusudan | Fyle | Co-Founder, Chief Executive Officer & Board Member |
Fyle Signals
Fyle Investors (15)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
---|---|---|---|---|
ABG Capital | Venture Capital | Minority | ||
Sravish Sridhar | Angel (individual) | Minority | ||
Steadview Capital Management | Hedge Fund | Minority | ||
Tiger Global Management | Venture Capital | Minority | ||
Bharati Balakrishnan | Angel (individual) | Minority |
Fyle FAQs
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When was Fyle founded?
Fyle was founded in 2016.
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Who is the founder of Fyle?
Yashwanth Madhusudan and Sivaramakrishnan Narayanan Ph.D are the founders of Fyle.
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Who is the CEO of Fyle?
Yashwanth Madhusudan is the CEO of Fyle.
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Where is Fyle headquartered?
Fyle is headquartered in Bangalore, India.
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What is the size of Fyle?
Fyle has 159 total employees.
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What industry is Fyle in?
Fyle’s primary industry is Business/Productivity Software.
-
Is Fyle a private or public company?
Fyle is a Private company.
-
What is the current valuation of Fyle?
The current valuation of Fyle is
. -
What is Fyle’s current revenue?
The current revenue for Fyle is
. -
How much funding has Fyle raised over time?
Fyle has raised $10.9M.
-
Who are Fyle’s investors?
ABG Capital, Sravish Sridhar, Steadview Capital Management, Tiger Global Management, and Bharati Balakrishnan are 5 of 15 investors who have invested in Fyle.
-
Who are Fyle’s competitors?
Emburse Chrome River, Happay, Emburse, Callidus Software, and Ivalua are some of the 44 competitors of Fyle.
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